LIFE REINSURANCE. Life reinsurance shall be on the yearly renewable term basis for the net amount at risk as described below: a) LEVEL TERM PLANS (TWENTY YEARS OR LESS) - The Reinsurer's net amount at risk shall be the reinsurance face amount.
Appears in 2 contracts
Samples: Reinsurance Agreement (Jnlny Separate Account Iv), Reinsurance Agreement (Jackson National Separate Account Iv)
LIFE REINSURANCE. Life reinsurance shall be on the yearly renewable term basis for the net amount at risk as described below:
a) LEVEL TERM PLANS Level Term Plans (TWENTY YEARS OR LESStwenty years or less) - The Reinsurer's net amount at risk shall be the reinsurance face amount.
Appears in 2 contracts
Samples: Yrt Agreement (Nationwide Provident Vli Separate Account 1), Yrt Agreement (Nationwide Provident Vli Separate Account 1)
LIFE REINSURANCE. Life reinsurance shall be on the yearly renewable term basis for the net amount at risk risk.
A. Level Term Plans (Duration Twenty Years or Less). If the life insurance reinsured is issued as described below:
a) LEVEL TERM PLANS a level term plan (TWENTY YEARS OR LESS) - The Reinsurerduration twenty years or less), Occidental's net amount at risk shall be equal the reinsurance face amountamount of life insurance reinsured.
Appears in 1 contract
Samples: Reinsurance Agreement (Cuna Mutual Variable Life Insurance Account)
LIFE REINSURANCE. Life reinsurance shall be on the yearly renewable term basis for the net amount at risk as described below:
a) LEVEL TERM PLANS Level Term Plans (TWENTY YEARS OR LESStwenty years or less) - -- The Reinsurer's net amount at risk shall be the reinsurance face amount.
Appears in 1 contract
Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A)
LIFE REINSURANCE. Life reinsurance shall be on the yearly renewable term basis for the net amount at risk as described below:
a) LEVEL TERM PLANS (TWENTY YEARS OR LESS) - -- The Reinsurer's net amount at risk shall be the reinsurance face amount.
Appears in 1 contract
Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A)
LIFE REINSURANCE. [Level Retention] - Life reinsurance shall be on the yearly renewable term basis for the net amount at risk as described below:
a) LEVEL TERM PLANS Level Term Plans (TWENTY YEARS OR LESStwenty years or less) - The Reinsurer's net amount at risk shall be the reinsurance face amount.
Appears in 1 contract
LIFE REINSURANCE. Life reinsurance shall be on the yearly renewable term basis for the net amount at risk risk.
A. Level Term Plans (Duration Twenty Years or Less). If the life insurance reinsured is issued as described below:
a) LEVEL TERM PLANS a level term plan (TWENTY YEARS OR LESS) - The duration twenty years or less), the Reinsurer's net amount at risk shall be the reinsurance difference between (i) the face amountamount of the life insurance reinsured and (ii) the Reinsured's retained amount of such life insurance.
Appears in 1 contract
Samples: Reinsurance Agreement (Cuna Mutual Life Variable Account)
